Do I sell my 2.0?

[bushido]

just FYI many people buy their cars with full cash, so interest rate is not a problem at all.

he mentioned he would get his down payment plus the profit of the sale back. he financed his car

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[Axix23]

The answer is yes yes yes yes yes yes yes and please yes yes yes.

 

[DesertSupra2.0]

I bought a 2021 Supra 2.0 (w tech package) in November 2021 for $2500 off the MSRP. That was a pretty good deal at the time TBH.

Today I checked the Carmax selling price and I can sell the car for a $3K profit! They offered me $43,400. I would get all of my down payment back plus an additional $3K. That 3.0 manual (or even a new M2 if I wait a bit longer to increase my downpayment) is really calling my name, BUT the interest rates really suck right now! Even with great credit the interest rates are over 6% at my credit union. My current interest rate is 2.7%.

Should I sell it, sock the money away and wait for things to calm down and get the manual version later on in the year? I still have a fun 95 Miata to drive around as well as my Lexus IS300.

I really like my 2.0, but it is EXTREMELY tempting to make $3K after owning the car for ~18 months.

Decisions, decisions........

So what was your decision?

 

[Samsamsam]

Just brought 2023 supra 2.0 little less over msrp so lets see how it goes in couple months lol

 

[FuzzyRev]

Just brought 2023 supra 2.0 little less over msrp so lets see how it goes in couple months lol

 

[nashcarr]

Sold my 2.0 for more than I bought it for 18 months ago. Carmax bought it for $44K. Bought a Supra 3.0 Premium manual yesterday.

 

[Marsone]

Sold my 2.0 for more than I bought it for 18 months ago. Carmax bought it for $44K. Bought a Supra 3.0 Premium manual yesterday.

now we need to hear the comparisons and first impressions!

 

[nashcarr]

It should be here at some point in July, I am much excite.

 

[nashcarr]

New Supra was supposed to ship on 6/18, looks like they delayed it until 8/18/23 for some odd reason. The build date was 4/18/23.

 

[kaj]

Sell. Sit on money until interest rates come down. You will be way, way ahead of the game, then. I've been tempted to do the same, but my current rate is 2.9% (my last car was 1.9% so this is acceptable to me) and I can't think of anything else I'd buy right now.

I used to "settle" for lesser versions of the cars I really wanted. It's never worth it. One way or another, get out of the 2.0 and get into something you WANT. If you are paying money for something, it should be exactly what you are after.... otherwise it's a waste of $$$

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